Author: James Wilson
Today’s edition of the weekly recap spotlights Poland’s stance against Bitcoin reserves, and the scrutiny Kalshi and Crypto.com face ahead of Super Bowl LIX. Source link
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. On January 23, 2025, President Trump issued an executive order titled “Strengthening American Leadership in Digital Financial Technology.” The EO supports the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy in order to secure America’s position as the world’s leader in the digital asset economy, driving innovation and economic opportunity. The EO sets out high-level policy objectives: Protecting the lawful use of blockchain networks, participation in mining…
PancakeSwap’s price has rebounded, rising for three consecutive days, and reaching its highest level since Jan. 25. PancakeSwap (CAKE) token rose to a high of $2.1600, up by over 75% from its lowest level this month, bringing its market cap to $556 million. The CAKE token rallied as investors anticipated more volume after the DEX network expanded its advanced trading tools on Arbitrum, Linea, and Base protocols. These tools, like dLIMIT, which have existed on the BSC Chain, will help with order execution. PancakeSwap has also maintained its market share in the decentralized exchange industry. DeFi Llama data shows that…
Solana drifted upwards throughout the weekend, aggressively defending the 200-day moving average. Solana (SOL) rose for three straight days, reaching a high of $210, its highest level since Feb. 5. It remains about 30% below its highest level in December. Solana’s slow recovery was likely because of the rebound of some of its ecosystem tokens. Fartcoin (FARTCOIN) rose by almost 30% from its lowest level this month. Similarly, Popcat (POPCAT) token has risen by over 80% from its February lows. The other top-performing Solana meme coins were ai16z, Cat in a dogs world, and Comedian, which rose by over 10%.…
Cardano remained under pressure and dropped below key support levels as the crypto sell-off continued. Cardano (ADA) token dropped to a low of $0.70 on Sunday, down by over 47% from its highest level in December last year. Its decline has mirrored that of other altcoins. For example, Polkadot (DOT) dropped to $4.75, down by over 60% from its highest level in December. Similarly, Chainlink (LINK) has fallen by 40% from its December highs. Cardano’s crash also occurred when a sense of fear had spread in the crypto industry. The closely watched crypto fear and greed index has dropped to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As ADA and ETH prices show little upward movement, investors are moving to newer projects like XYZVerse. As Cardano (ADA) and Ethereum (ETH) prices hover without much change, investors are searching for new opportunities. XYZVerse is drawing attention with bold growth forecasts as its presale raises $6 million. This budding interest hints at a significant market shift. XYZ: The meme coin contender ready to conquer XYZVerse isn’t just another meme coin — it’s a challenger with unstoppable momentum. Named…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu, Stellar, and Lightchain AI attract investors with their unique strengths. Shiba Inu (SHIB) and Stellar (XLM) have long been staples in the cryptocurrency market, attracting different types of investors. While SHIB has built a strong community through its meme-driven appeal, XLM has established itself as a reliable blockchain for cross-border payments. However, with the market constantly evolving, projects with new solutions are emerging. One such project is Lightchain AI (LCAI), which is rapidly gaining traction due to…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Catzilla’s increasing traction puts it on track to challenge SUI and ADA’s recent rally. A little-known cryptocurrency is making waves in the market, catching attention with its rapid growth amid the ongoing bullish trend. This coin’s recent performance suggests the potential to rival the recent gains of Sui (SUI) and Cardano (ADA). Catzilla: The meme coin to shake up the market The meme coin space is no stranger to explosive growth, and a new project is emerging — Catzilla.…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana’s high-speed blockchain and Agent A.I.’s unique concept capture investors’ attention. In the ever-evolving crypto landscape, certain altcoins are catching the eyes of investors. Solana (SOL) is one such coin that’s sparking excitement with its rapid growth and transformative features. Meanwhile, Agent A.I. is making waves with its unique, community-driven meme coin appeal. The new entrant aims to disrupt the market and bring light-hearted gains, similar to past meme coins like PEPE. Agent A.I.: The meme operative The crypto…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Despite recent market turbulence, confidence in Hedera, Litecoin, and 1Fuel is soaring. The crypto market saw a record-high $2 billion liquidation in the past week. Popular names like Bitcoin and Ethereum were severely hit, with altcoins like Hedera (HBAR) and Litecoin (LTC) also getting a beating. Despite the prevalent market volatility, market confidence is increasing as investors believe a pro-crypto Trump administration will be a net positive. Notably, a new coin known as 1Fuel (OFT) has increased by 17x…